126 Simcoe St 1509

FOR SALE
$588,000
126 Simcoe St 1509, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C8272984
MLSID
Contact Us
Property Description
Welcome To Boutique Condos! Open Concept, 9 Ft Ceiling. Large One Br With Wall-To-Wall Closet. Bright & Spacious W/ Floor-To-Ceiling Windows. In The Heart Of The Entertainment & Financial District. Unobstructed View Of The Lake And Toronto Skyline. Steps To Subway, Underground Path, U Of T, Ocad & Toronto Metropolitan University (Ryerson), In-Building Grocery Store. Amenities Include Wifi In Bldg, 24-Hr Concierge, Gym, Party/Meeting Room, An Amazing Roof-Top Deck/Garden & Guest Suites.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-26 2024-04-29 4 $715,000 - Suspended
2022-03-02 2022-03-17 15 $2,250 $2,200 Leased
2023-04-23 2023-05-08 18 $638,800 - Suspended
2023-03-28 2023-04-20 23 $688,800 - Terminated
2022-03-02 2022-03-17 14 $2,250 $2,200 Leased
2020-09-11 2020-09-16 5 $1,750 - Terminated
2020-08-25 2020-09-18 24 $565,000 $555,000 Sold
Nearby Intersections
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,292 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerFlat5.18' x 12.66'Hardwood Floor, Double Closet
LivingFlat11.12' x 16.37'Hardwood Floor, W/O To Balcony, Combined W/Dining
DiningFlat11.12' x 16.37'Hardwood Floor, Open Concept, Combined W/Living
KitchenFlat11.12' x 16.37'Hardwood Floor, Quartz Counter, Combined W/Dining
BrFlat9.38' x 10.89'W/O To Balcony, Hardwood Floor, W/W Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
126 Simcoe St 1509 is a 1-bedroom 1-bathroom condo listed for sale at $588,000, which is $14,501 (2.4%) lower than the average sold price of $602,501 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $865 (0.1%) compared to the previous 30 day period (March 8 - April 6) and down $28,451 (4.5%) from the same time one year ago.
Inventory Change
There were 1,967 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 7 - May 6), which is up 60.2% compared with the previous 30 day period (March 8 - April 6) and up 72.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,143) (1.4%) below asking price over the last 30 days (April 7 - May 6), which represents a $1,822 increase compared to the previous 30 day period (March 8 - April 6) and ($1,155) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (April 7 - May 6) stood at 30.9%, down from 55.9% over the previous 30 days (March 8 - April 6) and down from 67.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (April 7 - May 6), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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